Get Summer 2014 Right First Time with tutor2u Exam Coaching & Revision Workshops
Here is a short article written by Agatha-Christie Onwuzuruike - a student on the Eton Summer School who has won a coveted place to read for PPE at Oxford.
The centenary of the beginning of the First World War is fast approaching. Not only is it a time to remember those that lost their lives in the greatest sacrifice; it offers economists young and old a lesson in behavioural economicsread more...»
On Wednesday 19th March 2014, the Eton College Keynes and Political Societies are joining forces for a panel debate titled: 'The Future of the British Economy.' In front of 600 students and teachers, Kwasi Kwarteng MP (Conservative Party), David Blunkett MP (Labour Party), Natalie Bennett (Leader of Green Party), Lord Bilimoria (Chairman of Cobra Beer) and Jonathan Portes (Director of the National Institute of Economic and Social Research) will debate the prevailing issues concerned with the British Economy and what lies ahead in the future. It will be an event of great collaboration, interactivity and engaged learning. It will start at 8.15pm, with a pre-meeting reception for visiting schools taking place from 7.15pm Everything will be wrapped up by 9.45pm. The event will be taking place at Eton's largest auditorium, School Hall.
One of the main aims of this event is to open Eton's doors to as many schools as possible. 30 schools attended our last panel event in November and we'd like to hit this target again. We would delighted for your school to bring a group of students and teachers interested in this issue to the event. Every school receives a personal treatment on the night and is allocated a boy to welcome them upon arrival, take them to the venue and help them throughout the evening.
We hope that you can join us for it.If you would like to bring a group of students, please could you email Anthony Beaumont on
Casey Orrin from the University of Warwick has kindly passed on to us details of their first ever Summer School for Economics.read more...»
We are delighted to showcase on the blog a new edition of Whitonomics - designed, written, edited and published by the engaged students at Whitgift School. Please do take a close look at this superb publication. Our good friend Oliver Fernie has supported the project within the Whitgift Economics Department, he rightly says that "It teaches them so many transferable skills and stretches them beyond the AL/IB & IGCSE syllabus.'
Do you have a school/college student run magazine that you would like to show to the world? We are always happy to flag them up on the Tutor2u economics blog!
So many excellent HOD opportunities are arriving at tutor2u - and here is yet another! All the details below about how to apply to join this thriving Economics and Business dept.read more...»
Another fantastic HOD Economics opportunity here - this time with our friends at City of London School for Girls. Don't forget to mention that you saw this one on the Economics Blog!read more...»
This is an updated version of my advice guide for students wanting to apply for an economics related degree at UK and overseas universities.read more...»
Many thanks to tutor2u blogger and presenter Stuart Block for alerting us to a superb teaching opportunity to help an outstanding inner city London school develop its Economics & Business Departments.
Morpeth School has been one of the drivers of the rapid improvement in education in the London Borough of Tower Hamlets in recent years. Rated by Ofsted as outstanding last year, a major focus over the next 3 years is improving its 6th form.
Economics was introduced for the first time at the school in 2013 and Business Studies has also been re-established at A-level. Although the details are yet to be confirmed, the school will be looking for an economics & business teacher for September 2014 to join the rapidly growing department.
If you're interested, do drop the Head of Economics, Stuart Block, an email with your CV at email@example.com.
Our friends at Pangbourne College have been in touch to ask us to let teaching colleagues know about a HOD opportunity for Economics & Business which is bound to attract some high quality candidates. All the details below.read more...»
The latest articles on econoMAX - our digital magazine for A Level & IB Economics students - have just been uploaded. A summary of each is provided below.
econoMAX features hundreds of articles written by experience Economics teachers and examiners designed to help students develop their understanding of economics during A Level and IB courses. econoMAX is now available as a special whole school/college subscription of just £50 which will run until 31 August 2015 when a new format econoMAX will launch to meet the needs of the new A Level Economics specifications from 1 September 2015.
Don't forget, teachers can also order a free econoMAX taster pack containing a selection of recent articles.read more...»
Videos from the annual Warwick Economics Summit can be found from their You Tube channel - there will be something interesting on there for you to enrich and extend your enjoyment of Economics! Here is the link to the channel - click here
Many thanks to the Economics team at Tonbridge for alerting us to this terrific opportunity to join a thriving Economics department. Details below.read more...»
We are pleased to announce details of the annual Royal Economic Society Essay Competition for 2014.read more...»
Many thanks to the team at Gordonstoun for letting us know about this superb HOD opportunity. Please mention that you saw this on tutor2u if you apply!read more...»
Applications from students for the July 2014 Eton College Universities Summer School are now open and close in one month's time on the 1st of March. I taught on the course last year and will be doing so again in the summer. It was so much fun and we had an amazing group of economists many of whom have gone on to win offers from top universities including Oxford and Cambridge. Details of the summer school and the application criteria can be found here!
Our Economics team are once again running the popular CPD courses designed to support teaching colleagues who are new to teaching AS & A2 Economics.
There are separate one-day courses for AS and A2 Economics.
New to Teaching AS Economics - London - 10 June 2014
New to Teaching A2 Economics - London - 17 June 2014
Full details of the sessions for each course will be posted to this blog entry shortly.
Another superb Economics HOD opportunity here at our good friends at Wycombe Abbey School.read more...»
Update: new dates added for Belfast (25 June) and Manchester (27 June 2014)
WOW! Economics has quickly become the leading CPD course for teachers of A Level Economics, IB Economics and equivalent qualifications. Over 350 Economics teachers attended WOW! Economics 2013 taking away with them over 40 teaching resources and the feedback was that they wanted more WOW! Econ!
WOW! Economics 2014 returns with another resource-packed day with all-new teaching & learning resources. Our team of Economics contributors simply love their subject and they've excelled themselves yet again! There are 51 brand-new teaching activities for delegates attending each of the WOW Economics days. A full listing of the materials is provided below together with a few screen shots!
It was a delight to travel over to Cambridge at the weekend to be a guest at the inaugural conference organised by the Marshall Economics Society. It has been nearly thirty years since I last stepped into the Union Society building (in my youth I spent rather too many hours on the snooker table there!) but, arriving in good time, I was pleased to see that the event was a sell out with hundreds of university and school students and a good smattering of interested folk from the locality.
The event was smoothly and expertly organised by Ravi Prasad, LawrenceXu and their team and I am sure that it will go from strength to strength in future years. I was able to stay for four of the main sessions and some notes taken during them have been added to the economic blog. Please click below for details.
If you run an Economics Society at your school or university and have a forthcoming event open to a wider audience please let us know so that we can publicise through our blog and regular teacher newsletter.read more...»
Another excellent teaching opportunity here, this time at Kendrick School, near Reading. Please mention you saw this on the tutor2u Economics or Business Blog if you apply.read more...»
Many thanks to the team at GSAL who have asked us to let teaching colleagues know about this fantastic HOD opportunity in Yorkshire. Please mention that you saw this on tutor2u when applying.read more...»
The Secretary of State Vince Cable delivers a lecture on the UK economy at the Bank of England on Monday 27th January starting at 6.30pm. I will be there on behalf of Tutor2u and I will post a report on his talk on this blog entry as soon as possible after the talk.
The Rt Hon Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills will be talking on ‘The shape of the economic recovery’ on Monday 27th January at the Bank of England Conference Centre. The RES is widening the outreach of its policy lectures by broadcasting the lecture live in HD video and encouraging participation and interactivity through this site.
The hashtag for the event is #reslecture
Here is a beautifully crafted essayby leading economist John Kay on the dangers of an academic obsession with rigour and consistency in developing economic models. "Economics is not a technique in search of problems but a set of problems in need of solution. Such problems are varied and the solutions will inevitably be eclectic." He argues for a move away from formulating models that can simply run on a computer and towards "more eclectic analysis ....requiring an understanding of processes of belief formation, anthropology, psychology and organisational behaviour, and meticulous observation of what people, businesses, and governments actually do."
A rather wonderful piece that will excite many ambitious student economists keen to approach our fantastic subject in a non-linear and often contrarian way. Enjoy!
Last week, I was privileged to deliver our first ever Wow Economics events in both Edinburgh and Cardiff. The day-long CPD event had the usual mix of fantastic teacher-designed resources and delegate interaction. We showcased a good selection of our 50+ resources and discussed how they could be used and adapted. We covered a good range of topic matters both in the micro and macro field of economics along-side activities aimed at engaging learners and promoting strong assessment techniques.
The good news is that the same event is coming back for further outings in London, Birmingham, Manchester and Dubai as well as arriving for the first time in Singapore and Belfast. The dates are:
Dubai 05/03/2014 & 06/03/2014
Singapore 10/03/2014 & 11/03/2014
Some of the fantastic delegate feedback can be found on the Good CPD guide by clicking here.
Bookings for the upcoming events can found here.
Look forward to seeing you in the very near future!
Many thanks to the Economics team at Dulwich College who have alerted us to a superb opportunity to join this friendly and talented team!read more...»
Another superb Economics teaching opportunity here - HOD Economics from Sept 2014. Many thanks to the dept at KES for letting us know about it. Please mention tutor2u as the source if you apply for this one!read more...»
A HOD opportunity to teach Economics and Business Studies at The Blue Coat School in Liverpool. All the details below. Please mention that you saw this opportunity on the tutor2u website if you apply!read more...»
Diane Coyle's Enlightenment Economics blog is a superb starting point for teachers and students wanting to keep abreast of many of the new economics publications on the bookshelves and on the horizon. Diane reviews dozens of books each year and her end of year blog scours the publisher catalogs for a taste of what we can expect to see in 2014. Here is the link
The dates and locations for our popular exam technique coaching & revision workshops to prepare AS & A2 Economics students for exams in May & June 2014. The details are listed below together with important information about changes in way that bookings are processed.
Please note that for summer 2014 we are taking confirmed bookings only. Places are allocated on a strictly first-confirmed basis. Once each screen capacity is filled, the event is full and no further bookings can be accepted. Our overall capacity is lower than in previous years and we fully expect each workshop to be fully booked before the Christmas break - so please contact us early to ensure that your students can attend!read more...»
Calling all previous delegates of our Wow Economics CPD events! If you attended Wow Economics last academic year (2012-2013) you may recall an activity called 'The Average Wage Game'. If you have attended this academic year I'm sure you will remember the activity 'The Value of Occupations'. Both resources were aimed at introducing or stimulating initial discussion about wage determination before moving on to developing the theory behind Marginal Revenue Product and its value.
Both activities relied upon data relating to UK wage rates by occupation. This data was based upon information taken from what was the latest ONS report on wages in the UK (November 2012). I said, at the time, that when the data was updated I would forward information for both games so that teachers can update them accordingly. This information is now here and ready for you to download!read more...»
Our Wow Economics teacher CPD event is continuing its tour of the country with events planned for Edinburgh (7th January) and Cardiff (10th January) in the New Year.
If you've never attended a Wow Economics event before you are missing out on a day of high-quality teaching resources and a chance to network with other passionate teachers.read more...»
The Tutor2u slideshare channel has just notched up over a million hits and we continue to add new resources each week. Here is the link to the site.
The hyped-up birth of the new Royal baby, Prince George, has brought the fashionista mums and mums-to-be out in force as they try to emulate the clothes and accessories accompanying the nation’s favourite baby and his trend-setting mother. According to a recent study by babycentre.com UK’s branch, just under half of all new mothers said they had bought more luxury items for their babies than themselves, and that on average, one third of parents had already spent over £6000 on their little bundles before they were 6 months old.read more...»
Ed Miliband’s promise at the Labour Party conference to cap energy prices for 20 months if Labour were to win the next election, has raised many questions about what we pay for domestic energy, how it compares with other countries, and what the energy companies do with their profits. Pondering those points has led me to an over-riding question, which is whether the price paid by consumers is really the most important issue for government intervention in the energy market.read more...»
The Edinburgh Fringe is widely regarded as one of the world’s biggest launchpads for new creative arts talent. Artists whose careers have taken off at the Fringe have commented recently, however, that up-andcoming performers are being priced out of the market as oligopoly power has started to bite.read more...»
It is a normal rule of thumb that the volume of world trade tends to grow at double the rate of growth of world GDP. Between 1990 and 2008 global real GDP expanded at an average annual rate of growth of 3.2% while world trade volume grew at an average of growth of 6%. However, in the last two years world trade volume has risen by 4.8 per cent while real GDP has risen by only 4.0 percent. If the normal 2:1 ratio had applied, trade growth would have been about 3.2 per cent higher. The slowdown in the growth of world trade can be partly explained by the economic difficulties in the euro zone in 2012 and more latterly in the BRIC economies. In addition there has been a growth in protectionism since the start of the economic crisis in 2008.read more...»
Although A level specifications have not changed for some years the introduction of quantitative easing (QE) programmes by central banks such as the Bank of England and the Federal Reserve in the US has meant that A level students have had to become familiar with it as an instrument of monetary policy. With short term interest rates almost at zero and banks still very risk averse, the monetary authorities have in recent years embarked on QE in an attempt to inject liquidity into the financial system to boost lending in recession hit economies.read more...»
In early August this year fast-food workers across the US staged a walkout in protest about their levels of pay – they were demanding an increase from $7.25 (Federal Minimum Wage) to $15 an hour. Under the current minimum wage a worker’s income is $15,000 per annum which is below poverty level pay. Although the minimum wage has increased it is still below its peak in 1968 when it was worth approximately $10.70 an hour in today’s dollars. As well as the low pay, workers in the fast food industry get few benefits and also prospects for full-time work are limited. Add to that a weak job market and ultimately bargaining position, the prospects for these workers look bleak. Although this low pay has been prevalent for many years why is it that is has become such a political issue?read more...»
There have been many more headlines suggesting the UK’s economic recovery has begun to ‘take hold’, with recent quarterly GDP statistics showing a 0.8% increase, that heralds a full three quarters of positive growth! However, it is difficult for the ordinary hard-working household to get too excited, as the purchasing power of their income continues to be well and truly squeezed.read more...»
The summer of 2013 saw strong reviews for the Bristol Old Vic’s theatre company’s production of Shakespeare’s “A Midsummer Night’s Dream”, in which an actor called David Ricardo Pearce played Oberon.read more...»
China’s government wants its economy to grow more sustainably. Currently, the Chinese economy is growing at a rate of 7.8% in the period July to September, compared to 7.5% in the previous quarter. However, this is significantly lower than the high and unsustainable rates of growth that the Chinese economy experienced over the last decade. The Chinese government have set a target growth rate of 7.5% over the next year and analysts believe that this will be achieved.read more...»
The Selfish Giant is a contemporary fable about two teenage boys who get caught up in the world of copper theft - powerful performances, set in West Yorkshire and an unforgettable story about growing up. Reviewed here in the Guardian.
"They don't go to secondary school – they go out scrapping with horses and carts, and make a living from collecting metal. It may seem like a whimsical idea, but it's fact. And it's very important that people understand that the landscape of the film is really there, is really happening."read more...»
Robert Nutter examines the use of "forward guidance" as a relatively new part of monetary policy in this recent article from econoMAX:read more...»
In this recent econoMAX article, Ruth Tarrant explains that there may be light at the end of gloomy economic tunnel that the UK has been trapped in for the past 5 years thanks to tentatively rising consumer confidence.read more...»
In this recent econoMAX article, Ruth Tarrant wonders what Adam Smith would make of Greggs and discount retailers in his home city...read more...»
Here are some recent articles focusing on economic and management issues connected to a world of change - be it revolutionary or incremental. Do keep reading the analysis and comment sections of quality newspapers to deepen your understanding and contextual awareness.read more...»
China’s track record on using its currency as a tool for manipulating its international competitiveness has been well documented, especially during the period of 1995-2005, where it was pegged at 8.28 RMB to the USD.
However, adopting such strict policies on the exchange rate, leads to the Impossible Trinity / Trilemma - that is, that it is not possible for a country to have all three of the following at the same time:
- A fixed exchange rate
- Free movement of capital
- An independent monetary policy
One of my AS economists, Hordern Farr writes in this blog about his experiences at the Brown Summer School in the United States - a course taken after the GCSE exams had finished.read more...»
I've noticed recently that quite a few colleagues are using the free software program TARSIA to create engaging classroom activities for their economics students. indeed TARSIA-inspired resources are likely to feature in the autumn series of WOW Economics events that are fast filling up - details here.
TARSIA is quick to download and intuitive to use, you will be up and running in just a few minutes. Here is one that I have put together for my AS macro group covering some of the concepts covered in the first two weeks of the course. One colleague at another school tweeted to me "Just done my own version - looks great. Prints off on A4 but I've photocopied up to A3 and laminate - it looks ace!"
If you have a chance, download TARSIA and give it a go!